Aadhar Housing Finance IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
May 08 to May 10 2024
Price Band
₹300 - 315
Current GMP
₹315(0%)
Subscription
26.76 times
IPO Details
| IPO Date | May 8, 2024 to May 10, 2024 |
| Listing Date | Wednesday, May 15, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹300 to ₹315 per share |
| Lot Size | 47 Shares |
| Total Issue Size | 95,238,095 shares (aggregating up to ₹3,000.00 Cr) |
| Fresh Issue | 31,746,032 shares (aggregating up to ₹1,000.00 Cr) |
| Offer for Sale | 63,492,063 shares of ₹10 (aggregating up to ₹2,000.00 Cr) |
| Employee Discount | Rs 23 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 394,754,970 |
| Share holding post issue | 426,501,002 |
IPO Date
May 8, 2024 to May 10, 2024
Listing Date
Wednesday, May 15, 2024
Face Value
₹10 per share
Price Band
₹300 to ₹315 per share
Lot Size
47 Shares
Total Issue Size
95,238,095 shares (aggregating up to ₹3,000.00 Cr)
Fresh Issue
31,746,032 shares (aggregating up to ₹1,000.00 Cr)
Offer for Sale
63,492,063 shares of ₹10 (aggregating up to ₹2,000.00 Cr)
Employee Discount
Rs 23 per share
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
394,754,970
Share holding post issue
426,501,002
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 76.42 |
| Non-Institutional Buyers | 17.33 |
| bNII (bids above ₹10L) | 18.90 |
| sNII (bids below ₹10L) | 14.19 |
| Retail Investors | 2.58 |
| Employees | 6.88 |
| Total ** | 26.76 |
Anchor Investors
1
Qualified Institutions
76.42
Non-Institutional Buyers
17.33
bNII (bids above ₹10L)
18.90
sNII (bids below ₹10L)
14.19
Retail Investors
2.58
Employees
6.88
Total **
26.76
Day Wise Sub
| Day | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
| Day 1 May 8, 2024 | 0.35 | 0.63 | 0.45 | 2.20 | 0.47 |
| Day 2 May 9, 2024 | 2.15 | 2.04 | 1.00 | 3.80 | 1.56 |
| Day 3 May 10, 2024 | 76.42 | 17.33 | 2.58 | 6.88 | 26.76 |
DayDay 1
May 8, 2024
QIB0.35
NII0.63
Retail0.45
EMP2.20
Total0.47
DayDay 2
May 9, 2024
QIB2.15
NII2.04
Retail1.00
EMP3.80
Total1.56
DayDay 3
May 10, 2024
QIB76.42
NII17.33
Retail2.58
EMP6.88
Total26.76
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 15-05-2024 | 315.00 | 48(15.24%) | 363 |
| 14-05-2024 | 315.00 | 48(15.24%) | 363 |
| 13-05-2024 | 315.00 | 54(17.14%) | 369 |
| 12-05-2024 | 315.00 | 77.50(24.6%) | 392.5 |
| 11-05-2024 | 315.00 | 76(24.13%) | 391 |
| 10-05-2024 | 315.00 | 71(22.54%) | 386 |
| 09-05-2024 | 315.00 | 54(17.14%) | 369 |
| 08-05-2024 | 315.00 | 71(22.54%) | 386 |
| 07-05-2024 | 315.00 | 70(22.22%) | 385 |
| 06-05-2024 | 315.00 | 73(23.17%) | 388 |
| 05-05-2024 | 315.00 | 52(16.51%) | 367 |
| 04-05-2024 | 315.00 | 55(17.46%) | 370 |
| 03-05-2024 | 315.00 | 61(19.37%) | 376 |
| 02-05-2024 | 315.00 | 65(20.63%) | 380 |
Date15-05-2024
Price315.00
GMP48(15.24%)
Estimate List Price363
Date14-05-2024
Price315.00
GMP48(15.24%)
Estimate List Price363
Date13-05-2024
Price315.00
GMP54(17.14%)
Estimate List Price369
Date12-05-2024
Price315.00
GMP77.50(24.6%)
Estimate List Price392.5
Date11-05-2024
Price315.00
GMP76(24.13%)
Estimate List Price391
Date10-05-2024
Price315.00
GMP71(22.54%)
Estimate List Price386
Date09-05-2024
Price315.00
GMP54(17.14%)
Estimate List Price369
Date08-05-2024
Price315.00
GMP71(22.54%)
Estimate List Price386
Date07-05-2024
Price315.00
GMP70(22.22%)
Estimate List Price385
Date06-05-2024
Price315.00
GMP73(23.17%)
Estimate List Price388
Date05-05-2024
Price315.00
GMP52(16.51%)
Estimate List Price367
Date04-05-2024
Price315.00
GMP55(17.46%)
Estimate List Price370
Date03-05-2024
Price315.00
GMP61(19.37%)
Estimate List Price376
Date02-05-2024
Price315.00
GMP65(20.63%)
Estimate List Price380
IPO Important Dates
| IPO Open Date | Wednesday, May 8, 2024 |
| IPO Close Date | Friday, May 10, 2024 |
| Basis of Allotment | Monday, May 13, 2024 |
| Initiation of Refunds | Tuesday, May 14, 2024 |
| Credit of Shares to Demat | Tuesday, May 14, 2024 |
| Listing Date | Wednesday, May 15, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 10, 2024 |
IPO Open Date
Wednesday, May 8, 2024
IPO Close Date
Friday, May 10, 2024
Basis of Allotment
Monday, May 13, 2024
Initiation of Refunds
Tuesday, May 14, 2024
Credit of Shares to Demat
Tuesday, May 14, 2024
Listing Date
Wednesday, May 15, 2024
Cut-off time for UPI mandate confirmation
5 PM on May 10, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,805 |
| Retail (Max) | 13 | 611 | ₹192,465 |
| S-HNI (Min) | 14 | 658 | ₹207,270 |
| S-HNI (Max) | 67 | 3,149 | ₹991,935 |
| B-HNI (Min) | 68 | 3,196 | ₹1,006,740 |
ApplicationRetail (Min)
Lots1
Shares47
Amount₹14,805
ApplicationRetail (Max)
Lots13
Shares611
Amount₹192,465
ApplicationS-HNI (Min)
Lots14
Shares658
Amount₹207,270
ApplicationS-HNI (Max)
Lots67
Shares3,149
Amount₹991,935
ApplicationB-HNI (Min)
Lots68
Shares3,196
Amount₹1,006,740
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 18,035.57 | 16,617.87 | 14,375.81 |
| Revenue | 1,895.17 | 2,043.52 | 1,728.56 |
| Profit After Tax | 547.88 | 545.34 | 446.20 |
| Net Worth | 4,249.10 | 3,697.60 | 3,146.63 |
| Total Borrowing | 13,127.59 | 12,153.45 | 10,674.59 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 202318,035.57
31 Mar 202316,617.87
31 Mar 202214,375.81
Period EndedRevenue
31 Dec 20231,895.17
31 Mar 20232,043.52
31 Mar 20221,728.56
Period EndedProfit After Tax
31 Dec 2023547.88
31 Mar 2023545.34
31 Mar 2022446.20
Period EndedNet Worth
31 Dec 20234,249.10
31 Mar 20233,697.60
31 Mar 20223,146.63
Period EndedTotal Borrowing
31 Dec 202313,127.59
31 Mar 202312,153.45
31 Mar 202210,674.59
Key Performance Indicator
| ROE | 18.4% |
| Debt/Equity | 3.1 |
| RoNW | 12.9% |
| P/BV | 2.93 |
| EPS (Rs) | 13.81 |
ROE
18.4%
Debt/Equity
3.1
RoNW
12.9%
P/BV
2.93
EPS (Rs)
13.81
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 28,504,761 (29.92%) | NA |
| QIB Shares Offered | 19,003,176 (19.95%) | NA |
| NII (HNI) Shares Offered | 14,252,381 (14.96%) | |
| bNII > ₹10L | 9,501,587 (9.97%) | 14,440 |
| sNII < ₹10L | 4,750,794 (4.99%) | 7,220 |
| Retail Shares Offered | 33,255,556 (34.91%) | 707,565 |
| Employee Shares Offered | 239,726 (0.25%) | NA |
| Total Shares Offered | 95,255,600 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered28,504,761 (29.92%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered19,003,176 (19.95%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered14,252,381 (14.96%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered9,501,587 (9.97%)
Maximum Allottees14,440
Investor CategorysNII < ₹10L
Shares Offered4,750,794 (4.99%)
Maximum Allottees7,220
Investor CategoryRetail Shares Offered
Shares Offered33,255,556 (34.91%)
Maximum Allottees707,565
Investor CategoryEmployee Shares Offered
Shares Offered239,726 (0.25%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered95,255,600 (100%)
Maximum Allottees
Information about company
Incorporated in 2010, Aadhar Housing Finance Limited is a housing finance company targeting the lower income segment.
The deep impact branches' sales offices aim to serve customers in India's tier 4 and tier 5 towns.
As of Sept. 30, 2023, the company enrolled 12,221 Aadhar Mitras who get referral fees for sourcing customers' loans.
The company provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension.
As of September 30, 2023, the company has a vast network of 471 branches, including 91 sales offices. These branches and sales offices are spread across 20 states and union territories, and they operate in around 10,926 pin codes throughout India.
As of September 30th, 2023, the company has 3,695 employees. Its subsidiary, Aadhar Sales and Services Private Limited (ASSPL), has 1,851 employees.
The company has served 246,983 customers nationwide through 471 branches and offices.
Objectives of IPO
The Company proposes to utilize the Net Proceeds towards the following:
To meet future capital requirements towards onward lending; and
General corporate purposes.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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